Field of Study: Accounting and Auditing, Specialized Knowledge, Yellow Book

Course Type: SELFSTUD

Level: Update

Vendor: Surgent CPE

Product Code: GNAA-DL

Overview

4.0Credits

2016 is yet another year of significant change in the world of government and nonprofit accounting and auditing. Time is valuable, and it's hard to stay current in today's rapidly changing environment. Let us save you time and effort in staying current through this informative update course. The course materials utilize a highly illustrative and innovative format. Over 30 focused exercises are included to provide an enhanced working knowledge of the latest developments in government and nonprofit accounting and auditing.

Objectives

Keep up with the latest developments at the GAO, OMB, AICPA, GASB, and FASB

Ensure that your accounting and auditing skills stay up-to-date with current requirements

Be prepared for major changes on the horizon

Major Topics

Performing single audits under the OMB's new Uniform Guidance for Federal Awards

Developing issues and challenges involving the Yellow Book

Key AICPA developments affecting audits of governments and nonprofits

Recent GASB activities directed towards state and local governments with an emphasis on the new OPEB standards (i.e., GASB Nos. 74 and 75) and continuing issues related to the pension standards (i.e., GASB Nos. 67 and 68)

Recent FASB activities directed towards nonprofits including the FASB's Financial Statements of Not-for-Profit Entities project (which will result in the most significant changes in nonprofit reporting in over twenty years!)

Designed For

Auditors and industry professionals working in the government and nonprofit environment